Pages:
Author

Topic: Can i trust EtherDelta with my Private Keys ? - page 27. (Read 11083 times)

hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
If you don't trust Etherdelta  - so you can do some trade on Etherdelta account and then move your coins/tokens to your main address back.
Etherdelta is decentralized exchange you can try to import your account anytime and you can try to erase your data too anytime. As long as the fact that about the possibility of the hacked case and that depends on your act.
full member
Activity: 364
Merit: 100
If you don't trust Etherdelta  - so you can do some trade on Etherdelta account and then move your coins/tokens to your main address back.
sr. member
Activity: 434
Merit: 250
Yes you can but I am not using because am having most of holding in mytherwallet having private key . I am creating wallet I etherdelta for transacting but I end upto pay two transaction fees while transferring from my original wallet to etherdelta private key holding wallet and again I am paying for transaction fees to trading account. It’s beeter to use private key holding wallet if your having limited holding in your wallet.
full member
Activity: 252
Merit: 102
Never share your private key with such websites. You don't know what will happen to these websites in future ( even now they are safe) You must be the only person that know your private key and you must be the only person who can control your coins.
Yes I am satisfy with the reply. Ether delta is safe with private key.
I would like to add one thing for safety* always use private browsing* because google do not record history in private browsing.

Be safe.
full member
Activity: 294
Merit: 125
Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

Be careful!. giving or sending your privates keys to other person or entity except My Etherwallet is dangerous.

Its like giving your wallet to them.
full member
Activity: 210
Merit: 100
As far as I know the private key is saved in the cache of the browser, so it will never leave your local pc
Myself, I'm using Etherdelta for months and I have never had any trouble.

Just stay away from scam site which look like the legit Etherdelta site
sr. member
Activity: 646
Merit: 252
PNNV.COM Live bitcoin price monitor
Yes, you can trust any such outfit with your privkeys - insofar as your personal 'sorry for your loss' threshold allows

LOL!  Grin But this is true. Even before the 'sorry for your loss' kind of feeling, try to prepare yourself in advance and accept the possibility of your coins going away with the wind. Anyway, I have not heard of any serious allegations against Etherdelta. Nor have I heard of very serious hacking of private keys with it either.
sr. member
Activity: 938
Merit: 251
Your private key is not broadcast on the network! When you trade on Etherdelta, you interact with smart contract and all your activities are been carried out by miners hashpower. So it is safe if you do not make mistake of doing entirely wrong thing like sending your token to a given smart contract token!
member
Activity: 157
Merit: 10

Even though i Have never tried this etherdelta, I would suggest not to trust so easily because you were giving them the security of your wallet and I thought it is secured, so why do they need the private key. But if you really want to, then try to make another wallet just to be sure that your coins is safe and use this new wallet for this etherdelta.
full member
Activity: 406
Merit: 114
Is  the OP saying that in order to open an etherdelta account you have to give them your private keys?  My response is NO WAY!  An exchange should never ask your private key.  This sounds scammy to me.  They should be giving you an address to send your coins to, right?  

But if you must, as others have said, open a brand new empty wallet, and link that to your account.  

This whole thing has my scam alert going off.
sr. member
Activity: 2338
Merit: 365
of course, you have to believe in etherdelta when it's going to change your token...
but when your token is in exchange and ethereum is in the wallet, you'd better send your ethereum to the wallet ethereum you never signed up for etherdelta. better be careful because it could be hackers infiltrated to etherdelta.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
Yes,why not? my oopinion etherdelta  is the biggest  platform for all new altcoin trading so you can  try it.
and don't just try.you must trade here and I think,you thinking better etherdelta.
best and trusted platform etherdelta.
thanks.
There are exchanges which are a lot more trusted (like bittrex). Etherdelta has a few scamming stories and I guess in those cases people didn't get any refund and lost the money. What's more, the prices there are sometimes extremely inaccurate. I remember the time recently (even though it lasted for some 15 mins or less) when Blackmoon was worth $0.75 on Liqui and $10 on Etherdelta! I would avoid this exchange and use it only in desperate wish to invest in coins not listed on other markets.
full member
Activity: 274
Merit: 100
Yes,why not? my oopinion etherdelta  is the biggest  platform for all new altcoin trading so you can  try it.
and don't just try.you must trade here and I think,you thinking better etherdelta.
best and trusted platform etherdelta.
thanks.
sr. member
Activity: 987
Merit: 289
Blue0x.com
Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

Well, as for me, in my experience, I have not encountered any problem of such in etherdelta and any other well known trading sites. And have been getting good profit. But because i am paranoid, and really skeptical about almost everything, I often empty my exchange wallet and put amounts i only need for trading. That’s how i do things. So i suggest you do the same to prevent regrets.
newbie
Activity: 44
Merit: 0
I didnt encountered any problem, also my other friends use this trading site
sr. member
Activity: 742
Merit: 250
I have traded through etherdelta and I am quite skeptical about its safety when used with my private key. We can not know if they have secretly stored our private keys, once we use the private key on other sites, the risk of loss will increase. But I tried using with my private key on etherdelta to transact my tokens and not have anything dangerous happening so far. However, if you want to be safe then you can create a new wallet on etherdelta and then send your tokens from your main wallet to it for trading.
sr. member
Activity: 434
Merit: 250
As far my experience  it's safe to trade on etherdelta but it's not much convenient while am using mobile device to trade I have to copy private key and bit difficult so etherdelta team has to look into user experience for mobile users
legendary
Activity: 2632
Merit: 1094
I too was reluctant to import my private keys on etherdelta and hence I created a new wallet and only sent coins that I wanted to trad to that wallet. I sold my Populous tokens there and all went fine. It's confusing to use the interface and it gets stuck at times but you need to remember that you shouldn't use the wallet created on the site but instead import your own myetherwallet which has the tokens you need to sell. The wallet that they create doesn't store any of your coins.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
I am very confident in EtherDelta as it deals very quickly and securely. You do not need to wait for confirmation or wait for withdrawal because everything is going on automatically. I've traded a lot on EtherDelta and have a lot of profit from this trading platform
hero member
Activity: 812
Merit: 500
Hello,

I wanted to try etherdelta to trade my tokens.

Can i trust etherdelta with my Private keys ?

I have never traded in etherdelta by using private key, I just send the token that I want to trade in etherdelta I do for security only
Pages:
Jump to: